AdaniPorts - target Rs. 455 Can it happen by November 2020?

2020年11月5日

AdaniPorts has shown profits and volume is good. We are seeing Wave 5 in the weekly chart, Wave 4 correction is almost over, a good time to enter for a 15% profit by Mid November 2020. Earning report is good too.

US election results are also good for the market as we have seen a good rally. Ichimoku cloud is also signally to buy. Overall, I am ok to put in my money for a few quick profit booking.

What are we looking at?

• Adaniports target for November 2020 - Rs. 455 - Elliott wave / Ichimoku Cloud
  

Note, Wave 4 correction is almost over, if the volume is high, correction can happen fast? - if yes, can we get 15-20% profit by end of this month?

2020年11月16日

註釋

The volume looks good. New breakout is on the cards.

2020年12月1日

交易進行

We are about to hit the target. Once it touched that then we will work on new trendlines and waves. Follow me for more details on AdaniPorts.

2020年12月12日

交易結束：目標達成

We had kept a target of Rs. 455 and it has reached. Last trade was Rs. 466 and therefore you can book profits and exit from this.